The Controller is responsible for the administration and oversight of the University’s financial operations, including accounting, budgeting, financial reporting, internal controls, and compliance with applicable regulations. This position ensures fiscal integrity, accuracy, and transparency in all financial transactions and supports the institution’s mission through sound financial management. The Controller directs and supervises the finance, business office, and mailroom operations and staff, providing leadership in the areas of accounting, audits, treasury management, and financial systems. This role reports to the Vice President, Finance and Administration.
Financial Management and Reporting
-
Manage and support the preparation of annual operating and capital budgets, forecasts, and financial analyses in collaboration with other departments.
-
Prepare, review, and distribute accurate monthly, quarterly, and annual financial reports.
-
Monitor cash flow, banking relationships, and investment activity to ensure financial stability and liquidity.
-
Oversee restricted fund management and endowment accounting as applicable.
-
Coordinate and oversee the annual external audit process, consult with auditors, and ensure timely completion of all audit requirements.
-
Maintain detailed asset records, including depreciation schedules and inventory controls.
-
Review and approve invoices, contributions, and payroll requisitions for accuracy and compliance with policy.
Internal Controls, Compliance, and Policy Administration
-
Develop, implement, and monitor internal financial controls to safeguard University assets and ensure accuracy of financial records.
-
Ensure compliance with federal, state, and local regulations, higher education reporting requirements, and not-for-profit accounting standards (GAAP/FASB).
-
Oversee adherence to donor and endowment restrictions.
-
Maintain and enhance financial systems and software to improve efficiency, integration, and reporting capabilities.
Budgeting and Planning
-
Collaborate with University leadership in developing strategic and operational budgets aligned with institutional goals.
-
Provide financial forecasting, variance analysis, and recommendations for corrective action as needed.
-
Support long-term financial planning and resource allocation initiatives to strengthen financial sustainability.
Leadership and Staff Development
-
Direct and oversee hiring, supervision, training, and performance evaluation of finance, business office, and mailroom staff.
-
Foster a culture of accuracy, integrity, teamwork, and continuous improvement.
-
Work effectively with academic, administrative, and athletic leadership to support informed decision-making.
- Demonstrate a comprehensive understanding of operational activities to ensure accurate and complete budgets.
-
Exhibit strong organizational, analytical, interpersonal, and problem-solving skills.
-
Communicate clearly and effectively in both written and verbal correspondence.
-
Uphold integrity, high ethical standards, and appropriate confidentiality at all times.
-
Manage multiple priorities and meet deadlines in a dynamic, fast-paced environment.
-
Be proficient in accounting software and ERP systems, with advanced Microsoft Excel skills.
Northwood University stands apart in higher education with a philosophy grounded in The Northwood Idea — emphasizing freedom, free enterprise, personal responsibility, and limited government. We seek individuals who are both accomplished in their professions and inspired by the power of enterprise to improve lives. The ideal candidate will feel a strong alignment with Northwood’s mission and values, embracing a culture of academic excellence, accountability, and earned success.
ABOUT NORTHWOOD UNIVERSITY
Northwood University develops free-enterprise leaders who drive global social and economic progress by promoting the importance of free enterprise, ethics, individual freedom, personal responsibility, rule of law, and earned success. Private, nonprofit, accredited, and guided by The Northwood Idea, Northwood University specializes in managerial and entrepreneurial education at a full-service, residential campus located in Midland, Michigan. Northwood Online is offered in multiple states and online for students with transfer credits and work experience who are looking to complete their undergraduate degree. The DeVos Graduate School of Management offers MBA and Master of Science degrees in Finance, Business Analytics, Human Resources, and Organizational Leadership with day, evening, and online delivery options. The Doctor of Business Administration (DBA) program is delivered online, with a differentiated focus on leadership and business analytics using both qualitative and quantitative methodologies.
International education is offered through study abroad and at International Program Centers in Switzerland, the United Arab Emirates (UAE), Sri Lanka, Ghana, and France. Learn more about America's Free Enterprise University at www.northwood.edu.
